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A machine costing $81,805 with a 7-year life and $78,782 depreciable cost was purchased January 1. Compute the yearly depreciation expense using straight-line depreciation.

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A machine costing $81,805 with a 7-year life and $78,782 depreciable cost was purchased January 1. Compute the yearly depreciation expense using straight-line depreciation. Round your answer to the nearest whole dollar. X per year Feedback

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